Dogecoin rises over 20% in 7 days! Historical data reveals DOGE performs best every January; what other potential positive factors are there?

According to historical data, January has always been the best month for DOGE, with an average increase of 85% over the past 11 years, far exceeding any other month. What potential positive factors are there this year? (Background: The first Dogecoin ETP fund is here! Listed on the Swedish Stock Exchange, DOGE's market cap exceeds $61 billion, surpassing Mercedes and Porsche...) (Additional background: Arthur Hayes: The Dogecoin spot ETF is expected to launch this week! Is VanEck a key driver?) According to CMC data, the king of meme coins, Dogecoin (DOGE), surged more than 21% in the past week, outperforming other large market cap dog-themed meme coins and PEPE, only slightly behind the recently launched PENGU. January has always been the best month for DOGE. Notably, according to CryptoRank data, January has consistently been the best month for DOGE, with an average increase of 85% over the past 11 years, far surpassing any other month. In January 2021, DOGE skyrocketed by 711%. In January 2016, it rose by 84.6%. In January 2014, it increased by 269%. However, over the past three years, the chance of decline in January is 66%. Although DOGE has already risen over 20% this January, Dongqu reminds investors that historical data may not necessarily reflect the future, so please be aware of risks before investing. What potential positive factors are there for Dogecoin this year? As for potential catalysts this year, Dongqu quickly summarizes for you the D.O.G.E department. Trump announced the establishment of a new government agency called the Department of Government Efficiency (D.O.G.E), which will officially launch after he takes office, appointing Elon Musk, known as the Dogecoin godfather, and Vivek Ramaswamy to lead the agency. Although it is merely a similar name, there is a possibility of a pump effect. Dogecoin ETF Nate Geraci, president of The ETF Store, expressed confusion last year about why there are still no ETF issuers applying for a Dogecoin ETF. Shockingly, ETF issuers have not yet applied for a Dogecoin ETF... what are the downsides? The worst case is that this is a marketing expense. I want to know who will get the "DOGE" stock ticker. Currently, the world's first Dogecoin-related ETP fund has been listed in Sweden, with the issuer Valor optimistic about the recent U.S. election results further catalyzing market demand for Dogecoin investments, thus providing Nordic investors with the opportunity to invest in Dogecoin. Extended reading: The first Dogecoin ETP fund is here! Listed on the Swedish Stock Exchange, DOGE's market cap exceeds $61 billion, surpassing Mercedes and Porsche... X Money Musk's X platform recently exposed the code for its payment feature "X Money," indicating that the system may first launch in 39 states after obtaining a license. Entrepreneur Alex Finn predicts that X payments will somehow support cryptocurrencies. If realized, Dogecoin, which Musk has long supported, may be one of the choices. Related reports: The scale of Bitcoin ETFs in the U.S. officially surpasses gold ETFs, disrupting gold's 20-year dominance. ETH hits $4,100, reaching a three-year high! Analysts predict it may break $5,000 next year, and the opening of Ethereum ETFs for staking is key. VanEck's top 10 predictions for 2025: Bitcoin reaching a mid-term peak in Q1 next year, Solana spot ETF approval, DeFi hitting new highs... Arthur Hayes: Bitcoin will reach $250,000 by the end of 2025! Dogecoin is expected to reach $1. "Dogecoin rises over 20% in 7 days! Historical data reveals DOGE performs best every January; what other potential positive factors are there?" This article was first published in Dongqu BlockTempo (Dongqu Trend - the most influential blockchain news media).